Today, Scandic signed an agreement for the sale of Scandic Hasselbacken in Stockholm. The selling price amounts to around 230 MSEK on a debt-free basis. The transaction is expected to result in a capital gain of approximately 180 MSEK for Scandic. The new owners will take over the operation of the hotel on March 1, 2019. Read more

Hilton (NYSE: HLT) has announced a partnership with Handy Cross Dev Co Limited to bring a 150-guest room Hampton by Hilton to High Wycombe, United Kingdom. The hotel is planned for the site to the west of the park and with easy access to the M40 motorway. The project is an integral part of the council's consented masterplan for the hub. Read more

Hyatt and S.D. Malkin Properties, Inc. yesterday held a groundbreaking ceremony in Oceanside, California on the site where two new properties are expected to open under the Joie de Vivre Hotels and Destination Hotels brands in late 2020. Read more

Coming up with fresh and creative marketing initiatives is never an easy task. Hotels all over the world face fierce competition regardless of their destination. Utilizing creative ideas to attract guests can help hotels stand out in the crowd and help them to gain new and repeat visitors. Our new article series, Digital Inspo: What Creative Hotels are Doing Online, dives deep into a recent original campaign idea developed by a hotel brand. Read more